HDFC Medium Term Debt Fund Direct Growth

HDFC Medium Term Debt Fund Direct Growth

Debt

HDFC Mutual Fund

Medium Duration

Get the latest NAV of HDFC Medium Term Debt Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹61.52

▼-0.1%1D

NAV as on 29 Aug 2025

8.2%/per year

Since Inception

Absolute Gain%

▲▼

349 people have invested ₹ 82.1L in HDFC Medium Term Debt Fund Direct Growth in the last three months

HDFC Medium Term Debt Fund Performance vs. Medium Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (29-Aug-25)

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
-0.17%
0.42%
4.45%
8.28%
7.94%
7.27%
Medium Duration Avg
-0.17%
0.36%
4.02%
7.97%
7.48%
7.11%
Best in Medium Duration
0.13%
2.58%
6.5%
13.71%
10.08%
13.11%
Worst in Medium Duration
-0.29%
0.02%
3.62%
6.97%
6.49%
5.08%
Category Rank
6/8
6/8
6/8
6/8
5/10
--

HDFC Medium Term Debt Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

6
/8
53% Performance
41% Risk Management
41% Cost

Ranked 6 out of 8 mutual funds in the medium duration category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
HDFC Medium Term Debt Fund
6/8
3,884Cr
0.66%
8.28%
7.94%
0.14
1.48
--
--
0.99
HSBC Medium Duration Fund Direct Growth
1/8
741Cr
0.4%
8.81%
8.28%
0.46
1.43
--
--
1.42
ICICI Prudential Medium Term Bond Fund Direct Growth
2/8
5,684Cr
0.74%
9.14%
8.25%
0.63
1.18
--
--
2.06
Axis Strategic Bond Fund Direct Growth
3/8
1,893Cr
0.61%
9.1%
8.48%
0.61
1.42
--
--
1.87
See all

HDFC Medium Term Debt Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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HDFC Medium Term Debt Fund Asset Allocation

See fund asset allocation details as on (14-Aug-25)

Fund Distribution

as on (14-Aug-25)

Cash allocation has gone down from 5.9% to 5.2%
Cash allocation has gone down from 5.9% to 5.2%
Debt allocation has gone up from 91.8% to 92.4%
Debt allocation has gone up from 91.8% to 92.4%

HDFC Medium Term Debt Fund Sector Allocation

See fund sector allocation details as on (14-Aug-25)

Sector Allocation

Financial Services
100%

Top 3 Sectors in July were Corporate, Financial Services & Real Estate

Jul'25

Corporate

62%

Financial Services

61%

Real Estate

39%

Jun'25

Corporate

62%

Financial Services

60%

Real Estate

40%

HDFC Medium Term Debt Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.66%
Benchmark
Nifty Medium Duration Debt TR INR
AUM₹3884 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
47.37%
Risk
Risk meter
pointer
Moderately High risk

About HDFC Medium Term Debt Fund

HDFC Medium Term Debt Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Bhavyesh Divecha, Dhruv Muchhal, Shobhit Mehrotra. This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Medium Term Debt Fund Direct Growth has ₹3884 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

HDFC Medium Term Debt Fund Direct Growth has given a CAGR return of 8.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.28%, 7.94% and 7.27% respectively.

Holdings

HDFC Medium Term Debt Fund Direct Growth has allocated its funds majorly in Corporate, Financial Services, Real Estate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2037, 7.23% Govt Stock 2039, TATA Steel Limited, 6.79% Govt Stock 2034, Jubilant Beverages Limited

Taxation

As it is a medium duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of HDFC Medium Term Debt Fund Direct Growth

To generate income / capital appreciation through investments in Debt and Money Market Instruments.There is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. HDFC Medium Term Debt Fund Direct Growth has no lock in period.

Fund Manager

Bhavyesh Divecha

Fund Manager of HDFC Medium Term Debt Fund Direct Growth, since 1 March 2025

Dhruv Muchhal

Fund Manager of HDFC Medium Term Debt Fund Direct Growth, since 22 June 2023

Shobhit Mehrotra

Fund Manager of HDFC Medium Term Debt Fund Direct Growth, since 1 September 2007

Learn more about HDFC Mutual Fund
Parameters
Jul'25
Jun'25
May'25
AUM
₹ 3.8K Cr
₹ 3.9K Cr
₹ 3.9K Cr
  • AUM of the fund stands at 3.8K Cr as of Jul'25
  • AUM decreased by 67.2 Cr between Jul'25 and Jun'25

Frequently Asked Questions for HDFC Medium Term Debt Fund Direct Growth

How do I invest in HDFC Medium Term Debt Fund?

INDmoney makes it simple to invest in the HDFC Medium Term Debt Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘HDFC Medium Term Debt Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of HDFC Medium Term Debt Fund?

The NAV of the fund today is ₹61.52. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

HDFC Medium Term Debt Fund fund has generated a return of 8.28% in 1 year, 7.94% in 3 years, 7.27% in 5 years.

Who is the fund manager of HDFC Medium Term Debt Fund?

The fund managers are Bhavyesh Divecha, Dhruv Muchhal, Shobhit Mehrotra.

What is the expense ratio of the fund?

The expense ratio is 0.66%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹3884 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of HDFC Medium Term Debt Fund?

The top 3 holdings of the fund are 7.18% Govt Stock 2037(8.01%), 7.23% Govt Stock 2039(4.94%), TATA Steel Limited(3.81%)